This week has seen every major player in the oil
industry announce record profits despite prices being at all time highs and
production levels decreasing.

Surging oil prices helped drive quarterly
profits for US energy giant ExxonMobil to
10.36 billion dollars, revenues have exceed $1bn a day, the first time in
history for a US company. The second-quarter profit was up 36 percent from a
year ago and approached the company's all-time record profit of 10.71 billion
dollars that was believed to be one of the biggest for any company.

At $6.3bn, Royal
Dutch Shell's underlying profits for the three months to the end of
June were 36 per cent higher than over the same period last year, despite
serious disruption to production in Nigeria. Shell's earnings were equivalent to
about $3m an hour.

ConocoPhillips
announced yet another record profit, a 65 percent increase in profit over this
time last year.

"Americans are paying near-record gas prices,
oil companies are reaping billions in profits, but the response from the Oil Men
in the White House and the Republicans in Congress has been billions for Big Oil
and a backhand to the American people," Senate Democratic leader Harry Reid said
Thursday.

US Representative Ed Markey added, "While
American families get tipped upside down and have their savings shaken out of
their pockets at the gas pump, the Bush-Cheney team devises even more ways to
line Big Oil's pockets."

The three largest oil and gas producers in the
world generated profits of nearly 23 billion dollars in the second quarter.

Long term Bilderberg investigators Jim Tucker,
of American Free Press, and Daniel Estulin have many of the same sources and
both stated one year ago that Henry Kissinger told Bilderberg attendees during
last year's conference in Rottach-Egernthat oil prices would double over the
next year.

A year ago oil stood at $40 a barrel - now it's
close to
$75. Oil hit a record high of $78.40 a barrel earlier this
month.

The oil industry is regularly represented at the Bilderberg
conference by John Browne, BP´s chief executive officer; John Kerr, director
Royal Dutch Shell; Peter D. Sutherland, BP chairman and Jeroen van der Veer,
chairman of the Committee of Managing Directors of Royal Dutch Shell.

Queen Beatrix of Holland, Royal Dutch Shell´s principal
shareholder is a full-fledged member of the Bilderbergers. Her father, prince
Bernhard was one of the founders of the group back in 1954.

According to Daniel Estulin's inside sources, at
the 2005 Bilderberg conference it was announced that the general public does not
realize that the price for cheap oil can be the bursting of the debt bubble.
Cheap oil slows economic growth because it depresses commodity prices and
reduces world liquidity. There is a strong indication, based on the information
reported from the Bilderberg 2005 meeting in Rottach-Egern, that the Federal
Reserve is extremely concerned about the debt bubble. An American Bilderberger
reported that if the price of oil is to go down to its previous low of $25 a
barrel, the debt-driven asset bubble will explode.

Economic experts have stated that oil prices are
not going to fall, rather they are going to rise further:

Analysts do not rule out the possibility of
oil crossing the $100 a barrel mark, given the escalation of violence in the
Middle East and the imminent peak of the U.S. hurricane season. There are more
bets placed on an $80-a-barrel oil, as oil has climbed by about $10 a year in
the past. The supply side of the equation remains vulnerable due to the
surrounding geopolitical uncertainties especially in oil producing nations in
the Middle East, Nigeria and Venezuela. The demand growth is likely to stay
elevated due to the scorching pace of growth in developing economies like India
and China. - RealTimeTraders.com

The key for big oil to make massive profit is
not to produce more but to limit and strictly control the supply of oil. Thus an
artificial scarcity is created whereby the demand increases and the price
skyrockets. When lefty critics vomit out the cliche "its all about getting the
oil' when referring to the Iraq war, what they fail to realise is that it's not
about hoarding the oil and selling more and more, it is about taking control of
it and stemming the flow.

For this very reason the continued
violence in the middle east and the fallout of disasters such as
hurricane Katrina will not harm big oil, it will allow the industry to reap
massive profits.

Furthermore, higher energy prices do not take
money out of the economy, they merely shift profit allocation from one business
sector to another. In this sense expensive oil means reduced consumption in
other sectors, unless higher income can be generated from the increased cash
flow. Higher income translates into longer working hours, which often results in
lower standard of living. So while Bilderberg's big oil boys get richer and
fatter by producing less, the rest of the world gets poorer and has to work
longer and harder to produce more. This is how the elite system works.

Publicly available CFR and Club of Rome strategy
manuals from 30 years ago say that a global government needs to control the
world population through neo-feudalism by creating artificial scarcity. Now that
the social architects have de-industrialized the United States, they are going
to blame our economic disintegration on lack of energy supplies.

Globalization is all about consolidation. Now that the
world economy has become so centralized through the Globalists operations, they
are going to continue to consolidate and blame it on the West's "evil" over
consumption of fossil fuels, while at the same time blocking the development and
integration of renewable clean technologies.

This brings us to Peak oil.

Peak oil is the theory that we have hit the peak of the
world's oil supply and we are fast running out, therefore we must limit
production.

Peak oil is a theory advanced by the elite, by the oil
industry, by the very people that you would think peak oil would harm, unless it
was a cover for another agenda. Which from the evidence of artificial scarcity
being deliberately created, the reasons for doing so and who benefits, its
clear that peak oil is a myth and it should be exposed for what it is. Another
excuse for the Globalists to seize more control over our lives and sacrifice
more American sovereignty in the meantime.

The crux of the issue is that if oil was plentiful in areas
in which we are being told by the government and the oil companies that it is
not, then we have clear evidence that artificial scarcity is being simulated in
order to drive forward a myriad of other agendas. And we have concrete examples
of where this has happened.

Three separate internal confidential
memos from Mobil, Chevron and Texaco have been obtained by The
Foundation for Taxpayer and Consumer Rights.

These memos outline a deliberate agenda to gouge
prices and create artificial scarcity by limiting capacities of and outright
closing oil refineries. This was a nationwide lobbying effort led by the
American Petroleum Institute to encourage refineries to do this.

While the big oil companies protest their innocence at
making massive massive profits, suggesting the profit margins are lower than
many other sectors, and that much of the earnings are reinvested in new
production, they are perpetrating the biggest elitist economic scam on the
planet.

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INFOWARS: BECAUSE THERE'S A WAR ON FOR
YOUR MIND

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